Dubai-based conglomerate AW Rostamani has made its first acquisition in the UK, taking a majority stake in Brayleys Motor Group, whose franchises include Honda, Kia, Mazda and Renault/Dacia.
Paragon is injecting £4.7 million into the business over the next 12 months to build its capacity and support its growth plans.
Motorline Group has opened a new state-of-the-art Maserati dealership in Maidstone, Kent.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues